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BoE Speech - A Sea Change in Regulatory Investigations and Enforcement
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Financial services: Regulation tomorrow
Financial services: Regulation tomorrowBoE speech - A sea change in regulatory investigations and enforcement
On 25 June 2026, the Bank of England (BoE) published a speech delivered by David Chaplin, Head of Enforcement and Litigation, regarding a change in approach in Prudential Regulation Authority (PRA) and BoE investigations and enforcement.Key points of note from the speech include: Enforcement to support supervisory objectives: Enforcement action is brought to support specific supervisory objectives and outcomes. In the PRA context, this is guided…
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